I learned a lot from Nassim Taleb's book's:
▪️Antifragile
▪️The Black Swan
▪️Fooled by randomness
Here are 30 insights which will help you massively:
▪️Antifragile
▪️The Black Swan
▪️Fooled by randomness
Here are 30 insights which will help you massively:
1. Intelligence without imagination: a deadly combination
2. The only problem with the last laugh is that the winner has to laugh alone
2. The only problem with the last laugh is that the winner has to laugh alone
3. The artificial gives us hangovers, the natural inverse-hangovers
4. There is no more unmistakable sign of failure than that of a middle-aged man boasting of his success in college
4. There is no more unmistakable sign of failure than that of a middle-aged man boasting of his success in college
5. Never trust a journalist unless she's your mother
6. One of life's machinations is to make some people bolt rich and unhappy, that is jointly fragile and deprived of hope
6. One of life's machinations is to make some people bolt rich and unhappy, that is jointly fragile and deprived of hope
7. If someone is making an effort to ignore you he's not ignoring you
8. The danger of reading financial news & other news is that things that don't make sense at all start making sense to you after progressive immersion
8. The danger of reading financial news & other news is that things that don't make sense at all start making sense to you after progressive immersion
9. It's a sign of weakness to worry about showing signs of weakness
10. I wonder if someone has computed how much would be saved if we shut down economics and political science departments in universities.
10. I wonder if someone has computed how much would be saved if we shut down economics and political science departments in universities.
11. I trust those who trust me and distrust those who are suspicious of others
12. A good man is warm and respectful towards the waiter or people of lower rank
12. A good man is warm and respectful towards the waiter or people of lower rank
13. Journalists feel contempt for those who fear them and a deep resentment for those who don't
14. When someone starts a sentence with the first half containing "I", "not", and 'but', the 'not' should be removed and the 'but' replaced with 'therefore'
14. When someone starts a sentence with the first half containing "I", "not", and 'but', the 'not' should be removed and the 'but' replaced with 'therefore'
15. High modernity: routine in place of physical effort, physical effort in place of mental expenditure & mental expenditure in place of mental clarity
16. The only valid political system is one that can handle an imbecile in power without suffering from it
16. The only valid political system is one that can handle an imbecile in power without suffering from it
17. Journalists cannot grasp that what is interesting is not necessarily important. Most cannot even grasp that what is sensational is not necessarily interesting
18. Never buy a product that the owner of the company that makes it doesn't use (except for medication)
18. Never buy a product that the owner of the company that makes it doesn't use (except for medication)
19. Just realized that to politely get rid of someone people in Brooklyn say "call me of if you need anything."
20. Injuries done to us by others tend to be acute . The self-inflicted ones tend to be chronic
20. Injuries done to us by others tend to be acute . The self-inflicted ones tend to be chronic
21. We often benefit from harm done to us by others. Almost never from self-inflicted injuries
22. You will never know if someone will become an asshole until he becomes rich
22. You will never know if someone will become an asshole until he becomes rich
23. When someone writes 'I dislike you but I agree with you', I read, 'I dislike you because I agree with you.'
24. A great book eludes summaries. A great aphorism resist expansion. The rest is just communication
24. A great book eludes summaries. A great aphorism resist expansion. The rest is just communication
25. For a free person, the optimal - most opportunistic - route between two points should never be the shortest one
26. What counts is not what people say, it is how much energy they spend saying it
26. What counts is not what people say, it is how much energy they spend saying it
27. Used skillfully, a compliment will be much more offensive than any disparagement
28. I trust those who are greedy for money a thousand times more than those who are greedy for credentials
28. I trust those who are greedy for money a thousand times more than those who are greedy for credentials
29. Just as eating cow-meat doesn't turn you into a cow, studying philosophy doesn't make you wiser
30. It is a great compliment for an honest person to be mistaken for a crook by a crook
30. It is a great compliment for an honest person to be mistaken for a crook by a crook
That's it for today.
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The course will teach you how to read Financial Statements like a professional.
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